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Rs 6 Lakh Crore Black Money deposited in Banks

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Centre hasn’t made any announcement so far regarding the Black Money deposited in the banks since the announcement of demonetisation. Hence, Many doubts were raised by people post December 30th, 2016.

Union Minister Bandaru Dattatreya Today hinted that Centre believes around Rs 6 lakh crore Black Money has been deposited in banks post November 8th announcement. He says a clarity on this matter could be obtained by the end of April 2017.

The Labour Minister announced Centre is mulling to sanction Rs lakh crore in loans sans any guarantee through Mudra Banks in this calendar year to support Poor Families.

If Centre is sure about Rs 6 lakh crore black money coming into the banking system, What would be its next move & how will it make the corrupt pay the price? Wait & See!

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